Traditional Culture Encyclopedia - Traditional virtues - What is the difference between blockchain and Internet?

What is the difference between blockchain and Internet?

Blockchain is essentially a decentralized ledger system, which has the characteristics of decentralization, openness, tamper-proof information and programmability, and can be used as the underlying storage and transmission protocol of the value Internet. Blockchain is expected to lead us from personal trust and institutional trust to the era of machine trust, and * * * knowledge mechanism is the core of regional chain construction. Digital currency is just the beginning. Blockchain can change more, reshape the world's trust system and solve many problems of high trust cost in the past.

Blockchain is similar to the Internet. There is a core difference between them: the value of the underlying protocol and the upper application of blockchain and Internet is completely opposite. Mainly due to two core characteristics of blockchain:

The first characteristic is that zero knowledge proof causes the change of data ownership. In other words, the personal data of users on the blockchain belongs to users and does not need to be provided to the application and stored in the central server. Then the services of the Internet application layer, such as BAT, the core support "data" behind the market value has lost its original value in the blockchain field.

Another feature is the economic incentive model brought by token, which gives the underlying protocol high value. In the Internet age, no one pays for the http protocol, no one pays for sending and receiving emails, and no one pays for Google's search service.